ESOP Simple
We help generous business leaders provide employee benefits that can change the lives of their employees financially.
(And the best way to do that is turning employees into owners.)
But ESOP simple?
An ESOP is a lot of things
A great way to build a healthy culture
A means of rewarding the employees who built your success
A Deferred Comp program for employees
A tool for attracting and retaining the right kind of employees
A way for generous owners to show their appreciation
A natural way to build an ownership mentality crucial to business success
A way for founders to pass ownership to the next generation with exit and succession strategies
An ESOP is a lot of things… but seldom are they simple.
At PHD. Retirement Consulting, we even make Employee Stock Ownership Plans simple.
ESOP & 401(k) Specialists
National Center for Employee Ownership
We are employee owned and members of the National Center for Employee Ownership
Retirement Advisor Council
We are members of the Retirement Advisor Council since 2009
As Fee-Only Fiduciary Consultants we can work for a
Flat Fee
without expensive insurance commissions.
We serve a variety of ERISA plans (plans subject to the Employee Retirement Income Security Act of 1974). This includes 401(k) plans, 403(b) plans, and ESOPs. (Yes, ESOPs are subject to ERISA).
How does this benefit you?
It removes the conflicts of interest and provides a consultant with the expertise to truly quarterback both sides of the retirement plan: ESOP and 401(k).
In most cases, 401(k) providers (recordkeepers, administrators and advisors) don’t understand ESOPs. And in most cases, ESOP providers don’t understand 401(k).
The result is two disconnected employee benefits, and the lack of coordination increases cost and confuses the employees. It may also increase fiduciary and legal liability for the company. And employees may fail to understand or appreciate the plan.
Our consolidated solution saves money, reducing cost and confusion, enhances the engagement with Employee Owners, and lightens the administrative and fiduciary burden on the company.
It makes the ESOP…simple.
Are you considering starting an ESOP?
Do you currently sponsor an ESOP or KSOP?
Do your employees understand (and appreciate) your plan?
Does the 401(k) plan and ESOP work together seamlessly?
The value of a single provider for ESOP & 401(k)
One statement
One website
Coordinated Education
Financial advice
Plan-to-Plan Transfers
Stewardship & Budgeting
ESOPs designed for the 401(k)
Financial Wellness
401(k) designed for the ESOP
Helping Employees
Happy Employees
Helping Employers
Get In Touch
(844) PHD – 401k
Location
7111 W 151st Street, Suite 175,
Overland Park, KS 66223
Email: esopsimple@phdfirm.com